Indonesian Political, Business & Finance News

Germany seeks debt relief for RI

| Source: AP

Germany seeks debt relief for RI

German Chancellor Gerhard Schroeder on Wednesday called for a
debt repayment moratorium for Indonesia and Somalia, two
countries hit by the quake-sparked tidal waves. Germany will
propose the measure at a meeting of the Paris Club of creditor
countries in January, he said. With the death toll in southeast
Asian and East African coastal areas soaring on Wednesday to over
70,000, Schroeder said relief and reconstruction would require a
massive international effort. "This is a disaster of truly
worldwide dimensions," he said. -- AP

View JSON | Print